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Guideline Value

Corporate

Guideline Value for RAIL NAGAR 13ND STREET (WARD -2)

₹1100/sq.ft.

The guideline value for Rail Nagar 13nd Street (ward -2) in Peramanoor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Peramanoor

Village

Chengleput Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Rail Nagar 13nd Street (ward -2)

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Rail Nagar 13nd Street (Ward -2) guideline value

The current guideline value of Rail Nagar 13nd Street (Ward -2) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Peramanoor village and falls under the Chengleput Joint II SRO, classified as Residential Class I Type - I.

How the guideline value of Rail Nagar 13nd Street (Ward -2) has changed

Over the years, the guideline value of Rail Nagar 13nd Street has seen several revisions. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft, which reflects a 10% increase from Rs 1,000 per sq.ft in 2023. Prior to that, the 2017 revision recorded a value of Rs 670 per sq.ft, marking a significant increase of 49% to the 2023 figure. The 2012 revision also listed the value at Rs 1,000 per sq.ft, which was a decrease of 33% from the 2017 figure.

It's important to note that there are no registered figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 2,200 per sq.ft. The median value is Rs 1,100 per sq.ft, which is equal to the guideline value of Rail Nagar 13nd Street.

Stamp duty and registration fee for property in Rail Nagar 13nd Street (Ward -2)

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. Duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rail Nagar 13nd Street (Ward -2)?

The Sub Registrar Office that covers Rail Nagar 13nd Street (Ward -2) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Peramanoor

The guideline value is a crucial factor during the registration of property transactions in Peramanoor. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling a property, the guideline value is compared with the sale price. The higher of the two is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction reflects the true value of the property.

Frequently asked questions

What is the current guideline value of Rail Nagar 13nd Street (Ward -2)?

The current guideline value of Rail Nagar 13nd Street (Ward -2) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, with various changes in between, including a decrease in 2012.

What is the registration office for Rail Nagar 13nd Street (Ward -2)?

The registration office that covers Rail Nagar 13nd Street (Ward -2) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the stamp duty calculated for properties in Rail Nagar 13nd Street (Ward -2)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at 7%.

What are the other streets in Peramanoor with the same guideline value?

Several other streets in Peramanoor have the same guideline value of Rs 1,100 per sq.ft, including Rail Nagar 12nd Street, Rail Nagar 11nd Street, and Rail Nagar 14nd Street, among others.